Pursuit Dynamics perks up as market rallies

"We had a detailed discussion with management Dynamics continue to confirm a number of inaccuracies," said Mirabaud analysts, to give himself an analysis point by point of 16 pages folder. The said broker that verdict for the presentation of the potential market "a fundamental understanding of lack.

Analysts writing on the presentation "technology overview", added: "the description on this slide mainly concerns the application of technology on the market of foods and especially it ignores important developments made in the past three years."

Another house broker, Cenkos, spoke to the dynamics of the prosecution, saying: "recent bear raid has created an excellent opportunity to purchase the shares.

Dynamic continuation posted throughout the year loss of £ 9. 1 m in December. But which does not stop the bulls yesterday as invigorated shares up 55¼ to 385¼p.

Return to the main market, engineers and technology companies were also asked, although for more mundane reasons. After having slipped into the red after new Tuesday, the disappointing contraction in the British economy, citation index rebounded yesterday.

The FTSE 100 gained 51.5 points to 5969.21 and mis FTSE 250 110.67 at 11612.27 points.

Lifting feeling is a rally on Wall Street, where the Dow broke the barrier of 12 000 for the first time since June 2008.

Missing, however, banks have been.Royal bank of scotland, hsbc Holdings and Lloyds banking Group has fallen 0.26 43.03 p 2 to 696 p and p from 0.14 to 63.01 respectively.

Leads the charge, however, was Aggreko, the energy supplier temporary events, including the Olympic Games in London. Advanced 75% to £ 14.85 that Goldman Sachs has initiated coverage with a "buy" rating Aggreko to give a price target of £ 20.02, analysts said as Aggreko to benefit from the growth in its international business "such as a lack of power in drive developing economies more demand to temporary".

While on the second level, Renishaw WINS outrageous. After precision engineer who manufactures equipment for measuring and products for the healthcare sector posted increased fivefold in favour of the first half, its shares rose 263 p to £ 15.98. Renishaw said he saw particularly strong growth in the far East, and that China is now larger enterprise market.

Given solid results, improved Numis analysts forecasts of profit throughout the year by 13pc £ 72. 2 m. "Renishaw a clear impetus and year-end results should significantly advance on year," added the broker, which has a "hold" on Renishaw. "We believe it is good upside potential risk to our estimates, and this may be still attractive in spite of share price highs."

Not far behind Renishaw was Cookson. The industrial materials company whose products are used in solar industries and glass, as well as by foundries and manufacturers of steel, checked up to 48 to 680½p. Mounted Cookson came as he has said that he expected performance this year, to be well ahead of last year, thanks to improvements in its steel and electronics markets.

Checking up too was Prime Minister Foods, who won 1.62 to 22.3 percent. The food producer sold his company Quorn earlier this week to £ 205 million, and there were rumors that it is in talks to sell its operations in cans to the Princes.

An optimistic note broker helped spirent Communications, test systems and equipment for AT & T, Cisco and Verizon Communications. Analysts at Numis plus their "buy" rating of "add", pushing Spirent 10.1 141 p.

At the other end of the spectrum, heritage oil immersed 126.6 at 310 p as investors found nose by the fact that the Explorer had discovered gas instead of oil in Kurdistan.

But analysts of JP Morgan Cazenove said the discovery could "ultimately increase takeover appeal of heritage to a gas main players in the region.

Write on oil and gas sector in a separate note, JP Morgan Cazenove investor savvy "prepare for some blockbuster upstream M & a in 2011", with likely Asian national oil companies of predators.

Return on the highest level, the smell of black gold has been boosting bg Group. He doped 45½p at £ 13,72 after the discovery of light oil in the offshore of the Brazil.

BG was joined by minors, who has gained ground as concerns autour fell of the strength of economic recovery. Antofagasta on 46 p to £ 14.36 and Rio tinto has increased to £ 44.00 110 p.

As the relapse concern abated, retailers also rallying, with the Next wins 10 p to £ 20.85. Helping high street retailer, it was an upgrade of Nomura, cogné up to its "buy" rating of "neutral", which has increased its price target to £ 26.50 from £ 24.13.

Analysts said the pressure then face face this year as a squeeze on household income are generic industry, while its possibilities, such as growth in the following directory, looks set to improve.

Written in General on sale sector retail, Nomura said expected stocks at the best price in the second half of the year. "In detail, another hike for VAT in the UK puts real cash flow cleaning pressure in 2012, which means that the actions are likely to benefit until the summer," said analysts.

They are feeling bullish on stocks of goods of luxury, saying that the "distribution support of growth of gross domestic product, global travel, increased wealth and a weakness of the euro" remained in place for 2011.

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Retailers retirement as FTSE rallies on the Egypt relief

Next slipped 63 p at £ 20.00, which makes the sharpest faller and Marks & Spencer decreased 3.6 to 368 p after John Lewis posted only a 1. 2pc rise in sales last week, the retailer is described as "certainly not a big"... but nonetheless positive territory.

This news has caused anxiety consumers curb their spending. John Lewis was not the sole culprit behind decline retailers in. Investors were also concerned by rising prices for cotton - yesterday that they have increased the book measuring 3 4pc to a record $ 1.94.

Simon Irwin, Liberum capital analyst, said that he thought rising input costs could cause a decrease in gross margins basis 150 points to next and it cut its forecast for the benefit of 2011-2012 by 6 3pc 544 million to £.

He was rising prices for cotton, saying they were fortified since the next first warned last August cost increases and increasing labour costs. But he said that then takes a "logical approach" dealing with rising costs, while other major retailers seem to be "sitting on the fence".

John Lewis had an impact on inflation, his presence was felt most strongly from mi-caps where Ocado has 30 to 255 p after the Pension Fund of John Lewis cashed in his 10 4pc set.

As Ocado Faller more pronounced on the second level while the FTSE 250 as a whole rose points 76.17 at 11797.77. FTSE 100 gained 42.89 at 6062.9 points. After spending much of the day to keep away, traders congratulates the President of Egypt withdrew.

Missing side of the rally, however, was Barclays after Arturo de Frias, the evolution of the securities, Banking Analyst reiterated his "sell" evaluation. While he thought that the Merlin project is good news for Barclays, he argued that the Bank could harm to meet a capital requirement level 10pc. Barclays fell 2.15 percent 311.1.

But on a more positive note, Legal & General advanced 3.9 to 122.7% on the back of an optimistic note of Nomura. Analysts suggested that the market is underestimating the potential for asset management arm the insurer.

Elsewhere, Diageo has regained some lost ground, initiating 11% to £ 12.06 after disappointing sales in Europe put Gordon gin manufacturer in the niche earlier this week. Analysts have been optimistic sales slowdown with the Royal Bank of Scotland, keeping their ratings on the Brewer "buy."

They said: "surprisingly poor performance of the Diageo in Europe should not divert strong dynamics elsewhere." Peer the Diageo, sab Miller bubbled up 58½p to £ 21.44 as broker even increased its rating to "buy" from "hold".

Shire ignored news that small-cap Renovo the anti-SCARRING, Juvista, lacked a late trial. County has a licence to sell of Juvista in the United States, the Canada and the Mexico; But investors seemed to fall into the underside of the product with Shire case WINS 24 p to £ 16.95. But it is another story of Renovo, collapsed 51½-17 p.

Professor Mark Ferguson, Renovo CEO, said they were "extremely surprised and disappointed by the failure of Juvista Phase III meet primary and secondary trial endpoints". He added that they would now consider all the options open to maximize value for shareholders.

Renovo disappointment comes just a fortnight after Antisoma announced that its leukemia drug did not test finals, sending its shares in freefall. He started 0.05 to 2.5 p.

Between mid-caps, Gem diamonds sparkling, up 13.1% 296.1 as producer of diamonds, De Beers, returns to profit. But Egypt Centamin took the gold medal, advancing 9-149 p, as investors hoped that political unrest in Egypt can now cease.

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U.S. rallies stock on the first day of trading in 2011

U.s. stock markets were aboard in 2011, where they finished in 2010. Photo: Corbis

The S & P 500 was terminated on day 1. 13pc 1271.87, so that the Dow Jones Industrial Average closed up 0. 11670.75 8pc. Nasdaq also joined the rally after shares Apple reached a record level.

The price of oil also increased, while investors have continued dumping of obligations of the Government which began in December.

As traders made their way to work with what remains of the heavy snowfall that Manhattan was last week, feeling was supported by the latest sign that a recovery in the u.s. manufacturing sector continues to gain traction.

Institute manufacturing supply management index rose to 57 in December 56.6 but gained more strongly and production orders measures. "Growth becomes more balanced and less dependent on the inventory, as consumption, business investment cycle and improve exports, said Nigel Gault, Chief u.s. economist at IHS Global Insight.

Among the actions best - performing on Bank of America, which closed up to 6 4pc after agreeing to settle certain complaints on mortgages allegedly defective. General Motors, who returned the stock market in November after the bailout 50 billion $, also finished first day of trading 2011 more after analysts Goldman Sachs recommended investors buy shares.

Investors know that emerging markets helped buoy sales and profits for the American company since the financial crisis, but the last six weeks have seen a reversal dramatic feeling towards the United States. Which is triggered largely by an improvement in data since the end of the summer, and the fee of $854bn Cup package passed by Congress in the last weeks in 2010.

Alongside second $600bn Federal Reserve tours to mitigate quantitative, average reductions of taxes on the u.s. economy is beginning to 2011 with an amount unprecedented stimulus - say critical will be eventually practice as the deficit grows more.

Investors, for the moment at least, can instead focus on the fact that S & P has notched 75pc of earnings from the time that the index closed first trading day the year higher.

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